2-bed · 1,724 sqftPalazzo Versace, Culture Village · 2nd floor · completed 2015

2219, Palazzo Versace

Sold prices and rental history: sold once, by the developer in August 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2219 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 3.94M14 August 2012
Current rentAED 260K /yr8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2219, Palazzo Versace

What is 2219 worth today?

Last sold for AED 3,942,400 in 2012

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8 Jul 2025RentedNew contract
AED 260,000/yr12 months · AED 151 per sqft
8 Jul 2025RentedNew contract
AED 260,000/yr12 months · AED 151 per sqft
1 Jun 2022RentedNew contract
AED 220,000/yr12 months · AED 128 per sqft
6 Apr 2021RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
6 Dec 2018RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
14 Aug 2012Sold by developerOff-plan
AED 3,942,400AED 2,286 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
2-bed apartment
Size
1,724 sqft
Floor
2nd of 8
Parking
B1-E097, B1-E098
Developer
Emirates PV Dubai
Completed
2015
Last sold
AED 3.94M · August 2012

About 2219, Palazzo Versace

2219 is a two-bedroom apartment of 1,724 sqft on the 2nd floor of Palazzo Versace, a 8-storey tower in Culture Village completed in 2015 by Emirates PV Dubai. The developer sold it on 14 August 2012 for AED 3,942,400, or AED 2,286 per sqft, in line with the AED 2,286 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 8 July 2025, is AED 260,000 a year: a gross yield of 6.6% on the 2012 price.

Sales and rents for 2219 over time

Sales
Unit 2219, each saleTypical two-bed in Palazzo Versace
5M2009201420192024Typical sale price by year: 2009 AED 7,988,750; 2011 AED 4,189,000; 2012 AED 4,191,438; 2013 AED 5,551,500; 2014 AED 6,373,700; 2016 AED 7,200,000; 2017 AED 3,416,131; 2018 AED 3,000,000; 2019 AED 2,000,000; 2021 AED 2,891,662; 2023 AED 3,520,000; 2024 AED 4,200,000; 2025 AED 3,466,600; 2026 AED 3,880,000Sold by developer, August 2012: AED 3,942,400 (AED 2,286 per sqft)

2219 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2219, each contractTypical two-bed in Palazzo Versace
150K200K250K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 175,625; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 200,000; 2023 AED 221,760; 2024 AED 250,000; 2025 AED 250,000; 2026 AED 231,000New contract, December 2018: AED 180,000 a yearNew contract, April 2021: AED 175,000 a yearNew contract, June 2022: AED 220,000 a yearNew contract, July 2025: AED 260,000 a yearNew contract, July 2025: AED 260,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palazzo Versace, and where 2219 sits

All 77 2-beds →

2219 last sold in August 2012 at AED 2,286 per sqft, in line with what two-beds in Palazzo Versace were fetching at the time (AED 2,286). Over the last 12 months two-beds sold for AED 3,015,526 to 4,000,000, around AED 2,041 per sqft, and rent for AED 165,000 to 330,000 a year. 2219's AED 260,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20263,600,000
2 Oct 20263,900,000
19 Aug 20264,000,000
22 Jul 20263,500,000
9 2-bed sales in the last 12 months

Palazzo Versace

Building

166 apartments, 1-bed to 6-bed over 8 floors in Culture Village, completed in 2015 by Emirates PV Dubai. 15 sold in the last 12 months.

Typical price per sqft
AED 2,051 Down 0.3%
Typical sale
AED 3.9M
Typical rent
AED 267K /yr
Typical yield
6.0%
Palazzo Versace, Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 166 units in Palazzo Versace
Value
12012-bedAED 6.35M · Aug 2013
12023-bedAED 8.55M · Dec 2014
12032-bedAED 8.72M · Feb 2009
12042-bedAED 4.95M · Nov 2012
12054-bedAED 7.91M · Dec 2016
12062-bedAED 3.25M · Jan 2026
12072-bedAED 3.64M · Feb 2023
1–7 of 23

2219, Palazzo Versace in numbers

  • Sold once: by Emirates PV Dubai on 14 August 2012 for AED 3,942,400, or AED 2,286 per sqft.
  • Rented since December 2018 on 5 Ejari contracts, from AED 180,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2012 price is 6.6%.
  • Two-beds in Palazzo Versace sold for AED 3,015,526–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,051 per sqft.

Source: Dubai Land Department. Updated 8 July 2025.

Questions about 2219, Palazzo Versace

What did unit 2219 last sell for?

AED 3,942,400 on 14 August 2012, sold by the developer: AED 2,286 per sqft for 1,724 sqft. It is the only registered sale of the unit.

What is the rent for unit 2219?

AED 260,000 a year on the contract signed on 8 July 2025. The previous contract, from July 2025, was AED 260,000; the unit has been rented since December 2018.

How big is unit 2219?

1,724 sqft (160.2 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 2219 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palazzo Versace sold for AED 3,015,526 to 4,000,000 in the last 12 months, around AED 2,041 per sqft.

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Mortgage on 2219, Palazzo Versace

Starts from the last sale price (AED 3.94M, 14 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,942,400
Deposit, UAE resident (20%)
AED 788,480
Deposit, non-resident (40%)
AED 1,576,960
Monthly over 25 years at 3.7%
AED 16,130

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →